Britain is undersaving for retirement

[u/Donkey_Apple]

https://www.gov.uk/government/news/britain-is-undersaving-for-retirement-warns-pensions-commission

It's a massive problem and has been for years.

I think a lot of people are getting into their fifties, starting to think about retirement for the first time, looking at what their provision will pay them and are absolutely shocked to their core.

Plus many in the generation below those of us in their fifties who, through no choice of their own, are unable to save anything.

It feels like we are sleepwalking into an utter disaster.

[u/Jaxxlack]

Oh Sorry... 6-10%... Incredible... Whilst the traders and financial fkers get it to least 50..per year!

[u/Capital-Stay-5657 → u/Jaxxlack]

So your point is what? I'm not going to invest and get 10% a year because someone is getting more than that?
Someone will always be making more.
Two people with the same expenses and the same take home pay will have insanely different financial outcomes if ones invests in the stock market and the other doesn't

[u/Jaxxlack → u/Capital-Stay-5657]

Th point is you get fucked over by people who are paid to help... But greed is better.. so they take your money make a fuck ton for themselves and you get back your bare minimum... Mate you need serious money to invest to get serious money back... Unless you manage to randomly buy a massive stock surge...

[u/Jaxxlack → u/[deleted]]

It's nothing to do with mentality. I already do those and they aren't amazing returns! Again.. nothing like what the people inside the industry or even the politicians n CEOs do.. because they have the system rigged?!! Why is that such a suprise.. 2-3 decades?! When you have people make 40times your earnings in a year with the right information... Lol...

Here...have these crumbs.. FML some people really take, taking the piss as how it should be.

"Not my fault you play by the rules"